Economy

The results of the latest OBG Business Barometer: Philippines CEO Survey shed light on how President Rodrigo Duterte’s tax reform packages have been received by the business community. Effective since January 1, 2018, the Tax Reform for Acceleration and Inclusion (TRAIN) programme has exempted many low-wage workers from income tax but was also partly blamed for causing...

The Philippines is a key bridge between the Americas and Asia, making it a natural conduit for global trade flows. The country also has some of the strongest economic growth rates in the Asia-Pacific region, with growth at 6% or more for 16 out of the 20 quarters between 2014 and March 2019.

With strong economic growth and an expanding portfolio of business opportunities, foreign direct investment (FDI) in the Philippines has been rising steadily in recent years, reaching a record high in 2017. However, a fall in FDI the following year indicates that maintaining investor interest is dependent on a variety of factors, including a...

With some 175 ethnolinguistic groups spread across the vast archipelago of the Philippines, uniting some of the more remote regions and distinct communities under a national identity has been a challenging task for the central government. Political power gradually became concentrated in the present capital Manila under Spanish and US colonial...